News about bn

The Covid-19 pandemic has not only changed the way people live globally, but also the property landscape across countries.

PETALING JAYA (Oct 17): Local hotel associations have called on the government to find ways “to fairly regulate Airbnb”.

KUALA LUMPUR (Oct 15): Talks of proposed blanket bans on short-term rentals in strata buildings in Penang, Selangor and other states in Malaysia could pose a recovery threat on Malaysia’s tourism, says short-term rental accommodation company Airbnb.

KUALA LUMPUR (Oct 14): Despite the expected weakening in financial health among non-financial corporates (NFCs) due to the Covid-19 pandemic, the aggregate indicator of the debt- servicing capacity of NFCs has remained above the prudent threshold, reflecting the reasonably healthy financial conditions prior to the pandemic, according to Bank Negara Malaysia's (BNM) Financial Stability Review for the first half of 2020 (1H20).

KUALA LUMPUR (Oct 14): Bank Negara Malaysia (BNM) data showed that the total value of loan repayments had reached 70% of what it was prior to the blanket loan moratorium period.

KUALA LUMPUR (Oct 14): Household loan impairments are projected to double, albeit from historically low levels, said Bank Negara Malaysia (BNM) in its latest Financial Stability Review.

KUALA LUMPUR (Oct 6): Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at the current 1.

KUALA LUMPUR (Sept 10): Bank Negara Malaysia (BNM)’s Monetary Policy Committee has decided to maintain the overnight policy rate (OPR) at 1.

KUALA LUMPUR (Aug 31): Bank Negara Malaysia (BNM) is expected to make one final 25 basis point (bps) cut in the Overnight Policy Rate (OPR) as early as in the central bank’s next Monetary Policy Committee (MPC) meeting on Sept 10, 2020 in anticipation of an arduous economic recovery path ahead, DBS Group said today.

PETALING JAYA (Aug 12): Short-term rental activities have contributed as much as RM3.